Thread regarding DeVry Inc. layoffs

Why keep the campuses?

Why is DeVry hanging on to the campuses at this point? Is it access to a handful of state aid eligible students and promising higher MAH payments to veterans? It seems like an awfully expensive way of simply maintaining "presence" when almost nothing was happening there. Even before COVID the campuses were ghost towns.

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Post ID: @OP+15q22Vi2

5 replies (most recent on top)

If they are closing them, they seem to be doing it clandestinely, stringing everyone along as long as possible hoping they quit. They can't do downsizing without paying people off. Still seems like a high price to keep paying rent on unused space.

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Post ID: @hlsk+15q22Vi2

They weigh out the financial difference between the cost of closing a school against the cost of staying open and like you said, drawing school funds from FA

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Post ID: @ewiw+15q22Vi2

Once you start seeing them lay off Admissions, then you'll know they'll be dwindling it down and exiting out.

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Post ID: @bjbs+15q22Vi2

With so much focus on diversity lately I hope the various locations pass the paper test. My experience has been riddled with racist sarcasm and put downs. My boss demeaned me so badly and made me appear less than trustworthy when I did nothing wrong. Let’s start with the man in the mirror and treat people equally not just on paper.

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Post ID: @6xza+15q22Vi2

Many of us have been asking this same question, out of genuine concern for the viability of the evolving business model and the hopeful longevity of the organization. We would need to look at the course enrollment data to verify that, in many locations, they run just a few onsite classes each week with only a few students enrolled, and a surprising number of these students don’t show up for the class meeting anyway. And recently, the fully remote operation seems to be working admirably well. In the past, we’ve heard the pitch about presence, but not sure I believe it. As suggested in the original post, maybe this is a willful grab for VA students.

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Post ID: @azi+15q22Vi2

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